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This site sponsored by Deanna Davis of Drake Realty
770-633-6158 E-Mail deanna.davis@yahoo.com
North Fulton County Real Estate Stats
If you have been listening to the National media news stories you would think that the housing industry is falling apart. But, they are quoting National averages that that have been seriously impacted by a limited number of local market areas that had crazy double digit appreciation for several years and prices in those areas are now dropping back to the levels of 2003. Many of these same areas experienced a high volume of sub-prime mortgages that are now resulting in foreclosures. Buyers are missing out on the excellent buyers market conditions in Atlanta because they THINK prices are falling and this is not the case. Because of the credit crisis caused by the sub-prime mortgage mess interest rates are going up so, don't wait.
Areas
2008 2nd Qtr
2008 1st Qtr
2007
2006
2005
#Sales
Avg Price
#Sales
Avg Price
#Sales
Avg Price
#Sales
Avg Price
#Sales
Avg Price East North Fulton
385
$385,103 ↓
318
$421,274
1395
$409,221
1608
$406,882
1729
$373,454
West North Fulton
292
$428,471 ↓
244
$460,274
1097
$459,317
1154
$412,650
1309
$400,512
East Cobb
145
$439,650 ↓
132
$488,145
557
$452,299
622
$412,920
624
$379,380
Sandy Springs
58
$482,365 ↓
47
$586,251
198
$543,546
267
$556,336
258
$516,216
Dunwoody
101
$473,613 ↑
91
$447,781
380
$492,299
458
$478,869
476
$443,579
Buckhead
185
$851,920 ↓
185
$1,172,976
671
$954,455
758
$843,453
766
$757,460
Brookhaven
165
$419,760 ↓
153
$429,262
484
$447,941
598
$368,098
579
$333,088
Duluth/Suwanee
462
$322,466 ↓
204
$324,453
1868
$324,840
2107
$307,995
2255
$280,721
Norcross
212
$268,811 ↑
128
$266,785
534
$263,082
632
$254,117
663
$248,357
Lawrenceville
391
$229,483 ↑
353
$224,433
1483
$238,802
1973
$233,770
1952
$221,053
SW Forsyth
213
$325,188 ↓
157
$326,860
746
$320,647
713
$304,387
726
$278,237
SE Forsyth
343
$354,459 ↓
321
$356,541
1244
$366,784
1403
$358,050
1452
$334,519
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